WAEC
Nigeria · West Africa 🇳🇬WAEC WASSCE — English Language, Mathematics and 16 elective subjects, each with its own Beginner–Advanced track.
📏 WAEC grades A1–F9. A credit (C6 or better) in five subjects — including English Language and Mathematics — is the standard university entry requirement.
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333 lessons18 subjectsSelf-pacedPremium plan
English LanguageMathematicsPhysicsChemistryBiologyGovernmentEconomicsLiterature-in-EnglishChristian Religious StudiesIslamic Religious StudiesGeographyAccountingHistoryFurther MathematicsCommerceAgricultural ScienceFrenchTechnical Drawing
Free covers 11 of 20 lessons in Commerce. Intermediate and Advanced lessons are part of Premium — your progress is saved.See Premium →
Beginner
Beginner skill
No prior knowledge assumed — trade, industry, forms of business ownership, and the basics of money and banking.
🔒 Unlocks after all modules
1
🔒 After lessonsThe Meaning and Structure of Commerce
0/2 passed📖
StartTrade, Commerce and Industry: Definitions and Relationships
Lesson + 10-question quiz
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Home Trade: Retail and Wholesale Trade
Pass the previous lesson quiz
2
🔒 After lessonsForms of Business Ownership
0/2 passed🔒
Sole Proprietorship and Partnership
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Companies: Private and Public Limited Liability
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3
🔒 After lessonsAids to Trade I: Money and Banking
0/2 passed🔒
The Functions and Qualities of Money
Pass the previous lesson quiz
🔒
Commercial Banks and Their Services
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Intermediate
Intermediate skill
Insurance, transportation and communication, and marketing and advertising — the aids to trade that support commerce.
1
🔒 After lessonsAids to Trade II: Insurance
0/2 passed🔒
The Principles of Insurance
Pass the previous lesson quiz
🔒
Types of Insurance Policies
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2
🔒 After lessonsAids to Trade III: Transportation and Communication
0/2 passed🔒
Means of Transportation in Commerce
Pass the previous lesson quiz
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Communication in Business
Pass the previous lesson quiz
3
🔒 Module checkpoint · PremiumMarketing and Advertising
🔒 Premium0/2 passedAdvanced
Advanced skill
International trade, the stock exchange, business documents, warehousing and business ethics — the advanced topics separating top Commerce scores.
1
🔒 Module checkpoint · PremiumInternational Trade
0/2 passed2
🔒 Module checkpoint · PremiumThe Stock Exchange and Business Documents
🔒 Premium0/2 passed3
🔒 Module checkpoint · PremiumWarehousing and Business Ethics
🔒 Premium0/2 passed4
🔒 Module checkpoint · PremiumCommerce: Theory & Essay Writing (Paper 2)
🔒 Premium0/2 passedSyllabus coverage · Commerce
0/25 official topics · 0%25 topics still to cover
- Introduction to commerce (meaning, scope, functions and history)Practise →
- Occupation (industry, commerce and services; factors determining choice of occupation)Trade, Commerce and Industry: Definitions and Relationships →
- Production (factors, division of labour, specialisation)Practise →
- Business units (sole proprietorship, partnership, joint-stock companies, co-operatives, public enterprises)Sole Proprietorship and Partnership →Companies: Private and Public Limited Liability →
- Trade associations (chambers of commerce, manufacturers' and employers' associations)Trade, Commerce and Industry: Definitions and Relationships →The Basis and Benefits of International Trade →
- Business capital and profits (types of capital, turnover, gross and net profit)Practise →
- Home trade (retail trade, wholesale trade, channels of distribution)Home Trade: Retail and Wholesale Trade →The Marketing Mix and Channels of Distribution →
- Foreign trade (import, export, entrepôt; balance of trade and payments; customs and excise)The Basis and Benefits of International Trade →Documents Used in International Trade →
- Purchase and sale of goods (documents: enquiry, quotation, order, invoice; terms of trade)Trade, Commerce and Industry: Definitions and Relationships →Documents Used in International Trade →
- Documents in foreign trade (bill of lading, consular invoice, certificate of origin, letter of credit)Documents Used in International Trade →Common Business Documents: Invoice, Receipt and Statement of Account →
- Money (evolution, forms, functions)The Functions and Qualities of Money →
- Banks (commercial, central, merchant and other banks; services, cheques)Commercial Banks and Their Services →
- Insurance (principles, types, terms, importance)The Principles of Insurance →Types of Insurance Policies →
- Capital market and stock exchange (securities, dealers, Securities and Exchange Commission)The Stock Exchange and Its Functions →
- Commodity exchangeThe Stock Exchange and Its Functions →
- Transport (modes, advantages and disadvantages, choice of transport)Means of Transportation in Commerce →
- TourismPractise →
- Communication (postal, telecommunication, courier and electronic services; e-commerce)Communication in Business →
- Warehousing (types, functions, importance)Warehousing: Types and Functions →
- Advertising (types, media, merits and demerits)Advertising: Methods and Media →
- Introduction to marketing (marketing concept, marketing mix, customer service, sales promotion)The Marketing Mix and Channels of Distribution →
- Legal aspects of business (contract, agency, sale of goods, hire purchase, consumer protection)Business Ethics and Consumer Protection →
- Government policies relating to business (commercialisation, privatisation, deregulation, indigenisation)Types of Insurance Policies →
- Introduction to business management (functions of management, organisational structure)Practise →
- Economic groupings (ECOWAS, Niger Basin Commission, Lake Chad Basin Commission, Mano River Union, EU, West African Clearing House)Practise →
Ready to test yourself? Sit Commerce on its own — 3 mock papers in WAEC's real paper format. The written Paper 3 can be taken independently.
Commerce mock papers